Kent Reliance

Lifetime Tracker: this type of mortgage tracks the Bank of England base rate for the whole mortgage term. It is a variable rate set at 1% higher than the Bank of England base rate.

An administration fee is applicable. There is no early repayment charge.

Standard Variable Rate: this is the Society’s basic mortgage. Your mortgage is set at the Society’s standard variable rate. After year 4 of the mortgage your rate will revert to the variable Lifetime tracker rate for the remainder of the mortgage term.

An administration fee is applicable. There is no early repayment charge.

Fixed: your initial rate will be fixed for an agreed period of time. After the fixed period is finished the Lifetime tracker rate will apply to your mortgage. Kent Reliance has fixed rate deals for 3, 5 and 10 years. The amount you can borrow will depend on which mortgage product you choose.

An administration fee is applicable. There is an early repayment charge during the fixed period.

FixTra: this type of mortgage combines a fixed and tracker rate. 50% of your mortgage rate will be fixed and the other 50% will be set at a variable tracker rate. The fixed rate can be renewed after a 2 year term (for a renewal fee). Otherwise the fixed rate part reverts to a variable tracker rate for the rest of the mortgage term.

An administration fee is applicable. There is an early repayment charge for the first 2 years.

Capped: your mortgage will be set at a variable rate which is capped and cannot go above an agreed rate for the first 5 years. After the 5 year period has ended your mortgage will revert to the Lifetime tracker rate for the remainder of the mortgage.

An administration fee is applicable. There is an early repayment charge during the capped period.

Discount: your mortgage rate is set at a discount of the Society’s standard variable rate for an agreed period. Kent Reliance has discount mortgages for 2, 3 and 5 years. After the discount period has ended the mortgage will revert to the Lifetime tracker rate. The amount you can borrow will depend on which product you choose.

An administration fee is applicable. There is an early repayment charge during the discount period.

If you are interested in a mortgage quotation including those offered by Kent Reliance please complete our quick enquiry form.

Kent Reliance Building Society also has the following types of more specialised mortgage products:

Shared Ownership: this mortgage is designed to finance the purchase of a home for the borrower by sharing the cost of the mortgage with a Housing Association. It is a part buy, part rent scheme. You can choose to utilise the fixtra, lifetime tracker and capped rate mortgages.

Fees and early repayment charges depend on which product you choose.

Self Build: this is a loan to finance the building of your home. The rate is set at the Society’s standard variable rate for the first 3 years and then reverts to the Lifetime tracker rate. The amount you can borrow depends on the value of your property and the value of the land you intend to build on.

There is no early repayment charge. An administration fee is applicable. Other fees related to this mortgage are payable.

Self Certification: your initial rate tracks the Bank of England base rate and is set above it. Your rate will then revert to the Lifetime tracker. This type of mortgage is for self-employed people who cannot prove their income. No proof of income is required though you are advised not to overstate your earnings as checks will be made.

This is not available for a shared ownership mortgage. The mimimum age is 21. An administration fee is applicable.